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Evening Standard
Evening Standard
Business

Meta could face £10 billion fine as EU set to pursue rule break charge

The EU’s crackdown on the practices of Big Tech stepped up a gear today after social media giant Meta was braced for as much as £10 billion in fines for an alleged violation of competition rules.

The Facebook and Instagram owner is to be told that its new ‘pay or consent’ model, under which users must pay a fee if they refuse to have their data harvested on the platform, was in breach of the EU’s new Digital Markets Act with which tech firms were expected to comply from the beginning of March.

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